May Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by May Development
339
Total Units
336
Sold
AED 600,000
Median Price
AED 760
Median Price /sqft
Construction progress: 100%
Start: Nov, 2015Completion: Dec, 2019

May Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio116400 sqft - 760 sqftAED 0.5M (1,180 /sqft)AED 1,720 /sqft
-31.31
1 Bed212710 sqft - 2,510 sqftAED 0.8M (780 /sqft)AED 1,430 /sqft
-45.23
2 Beds41,730 sqft - 1,850 sqftAED 1,310 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
1Apartment, 10111,212 sqft42.37 sqft Check Availability
1Apartment, 10111,242 sqft44.36 sqft Check Availability
1Apartment, 10111,162 sqft37.68 sqft Check Availability
1Apartment, 10111,239 sqft44.22 sqft Check Availability
1Apartment, 10111,212 sqft42.39 sqft Check Availability
1Apartment, 10211,217 sqft42.37 sqft Check Availability
1Apartment, 1021921 sqft6.25 sqft Check Availability
1Apartment, 10211,218 sqft42.38 sqft Check Availability
1Apartment, 1021919 sqft6.25 sqft Check Availability
1Apartment, 10211,166 sqft37.61 sqft Check Availability
1Apartment, 10311,225 sqft44.94 sqft Check Availability
1Apartment, 10311,225 sqft45 sqft Check Availability
1Apartment, 1041928 sqft6.25 sqft Check Availability
1Apartment, 1041928 sqft6.25 sqft Check Availability
1Apartment, 10511,065 sqft32.33 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
No data found

May Residence Real Estate Data – FAQ

  • What is the current property supply in May Residence?

    May Residence has a total residential supply of approximately 132 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in May Residence?

    May Residence recorded 34 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in May Residence?

    The median transaction price in May Residence is AED 850 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in May Residence?

    The gross rental yield in May Residence is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in May Residence?

    Property prices in May Residence have shown a capital appreciation of 4% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in May Residence?

    There are currently 0 active off-plan projects in May Residence, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in May Residence?

    The total off-plan pipeline in May Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is May Residence a good area for property investment?

    May Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In May Residence, this is %, indicating relatively strong income performance compared to global markets.

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